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MLO Melorio

224.50
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Melorio Investors - MLO

Melorio Investors - MLO

Share Name Share Symbol Market Stock Type
Melorio MLO London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 224.50 01:00:00
Open Price Low Price High Price Close Price Previous Close
224.50
more quote information »

Top Investor Posts

Top Posts
Posted at 13/5/2010 14:08 by eagle eye
Thanks for your comment robward.
I'm more interested in the forward outlook statement in the results, for as you say, the trading update contained comprehensive details of what to expect.
Not all investors will have read the trading update, even though it has been in the public domain for some time. Hopefully the results will bring some new investors on board.
Posted at 31/7/2009 20:54 by interceptor2
I received a responce from the Finance Director Alex Sheffield today.

He says that the reason no statement was made regarding trading, was because they continue to trade in line with previous statements made a few months ago

He also states that " The downward movement in the share price in the last few days has been very disappointing, but we believe is due to private investor sentiment turning once again."

Hope this helps with your investment decisions, as for me I was unfortunately stopped/lossed out, but I will keep mlo on my watch sheet, and buy back in a some point.
Posted at 29/7/2009 11:42 by interceptor2
stopped/loss kicked in this morning, shame because I think they are a strong company.

A bit disappointed not to recieve a reply to my E Mail enquiring about the AGM, surely last weeks AGM was an ideal time to issue a statement, like Singer did yesterday.

Sent another E Mail to them this morning, requesting a trading statement which if it was to be along the same sentiment as Singers would halt this price slide.

I hope that for investors still holding they release a TU soon, and I wish you the all good luck.
Posted at 28/7/2009 22:45 by interceptor2
It would seem Singer think mlo will make up the possible shortfall with Zenos ICT training unit. Today they reiterated their corp/hold stance and gave the following forecasts.

2009 PBIT = £11.8m (£11.8m) and EPS = 20.8p (20.9p)
2010 PBIT = £14.4m (£14.0m) and EPS = 25.5p (24.8p)

As you can see 2009 are basically the same as last May forecast, but 2010 they have significantly increased. It is reassuring that they don't seem to see any loss in earnings.

nurdin - Good luck with talking to the company, it will be interesting to hear their position. I sent a E Mail to the investor relations department yesterday, to ask about the AGM last week, and if there was any relevant statement made. Haven't had a reply yet, but will post here when received.
Posted at 19/1/2009 16:26 by czar
The ghost of Carter and Carter haunts investors in MLO which goes some way to explaining the derisory rating. The business should benefit from several government initiatives to keep workers off the dole, and I'm sure they will already have gained business from the demise of C&C. MLO are very cash generative and eps of 14.8p to end March and 20.1p for the year soon to start puts them on a forward pe of 3.8x. Not bad for a business growing profits at 35% year on year. I'm in.